International Consolidated Airlines Group (ICAGY) Projected to Post Quarterly Earnings on Friday

Key Points

• International Consolidated Airlines Group is expected to report quarterly results on Friday, November 6, with analysts forecasting earnings of $0.67 per share and revenue of $10.82 billion.
• ICAGY shares opened at $11.05, with a market capitalization of $24.12 billion and a 52-week range of $9.10 to $13.07. The company carries a debt-to-equity ratio of 1.38.
• Zacks Research downgraded the stock from “hold” to “strong sell,” while the broader analyst consensus remains “Hold”, split between one Buy and one Sell rating.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) is expected to be issuing its resultson Friday, November 6th. Analysts expect International Consolidated Airlines Group to announce earnings of $0.67 per share and revenue of $10.82 billion for the quarter.

International Consolidated Airlines Group Stock Performance

Shares of ICAGY stock opened at $11.05 on Friday. The firm has a market cap of $24.12 billion, a price-to-earnings ratio of 2.73, a PEG ratio of 0.94 and a beta of 1.72. International Consolidated Airlines Group has a 52-week low of $9.10 and a 52-week high of $13.07. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.38. The company's 50 day moving average is $11.36 and its 200 day moving average is $11.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut International Consolidated Airlines Group from a "hold" rating to a "strong sell" rating in a research report on Friday, October 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, International Consolidated Airlines Group presently has a consensus rating of "Hold".

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA OTCMKTS: ICAGY, commonly known as IAG, is an international airline holding company formed in 2011 through the merger of British Airways and Iberia. Headquartered in London and Madrid, IAG manages a portfolio of airline brands that operate under distinct identities while benefiting from shared resources and group-wide capabilities.

IAG's principal airlines include British Airways, Iberia, Aer Lingus, Vueling and LEVEL. These carriers provide scheduled passenger air services across short-haul and long-haul markets, serving destinations throughout Europe, North America, Latin America, Asia, Africa and the Middle East.

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